No Meme, Just $SPYX

The Index Fund On Arc That Only Goes Up

Supply Shrinks. Vault Grows.
Floor Creeps Up.

Buy $SPYX on RadarDEX

//SECTION 01 — THE MECHANISM

How The Machine Runs

Trades feed the fund

Every buy and sell pays 1%. The $SPYX side of the fee is burned. The USDC side stacks in a vault — the cushion under the price gets thicker.

Code compares price to floor

Every week, the circuit breaker checks the market. Price weak: dividends pause, 100% of revenue buys and burns. Price strong: real USDC flows to lockers. Nobody pushes a button.

Lock to collect

Lock $SPYX for 1 to 104 weeks. Earn weekly USDC, WinSPY jackpot tickets, and votes on the ARCX index. Leave early and half your bag stays behind.

SPYX.MECHANISM — V1.0 · ON ARC

How $SPYX Works

One loop, read top to bottom. Every arrow is a contract call anyone can trigger.

//STEP 01Trade

People buy and sell $SPYX on Arc.

FEE: 1%
//STEP 02The fund collects

70% of every fee flows to the fund — in USDC and $SPYX.

SPLIT: 70/30
//BURNBurn

The $SPYX side of fees is burned. Supply only shrinks.

SUPPLY ↓
//RESERVEThe vault

The USDC side stacks in the vault. The cushion under the price gets thicker.

VAULT ↑
//STEP 03The circuit breaker

Every week, code compares market price to the fund's floor. Nobody pushes a button.

AUTO · FAIL-CLOSED ORACLE
//PRICE WEAKBuy & burn

Dividends pause. 100% of revenue buys $SPYX back and burns it. The fund defends the floor.

FLOOR DEFENDED
//PRICE STRONGPay rewards

Real USDC paid to lockers, throttled by the premium. Settled every Friday.

USDC · FRIDAYS 4PM ET
//STEP 04Lock $SPYX

Lock to earn: weekly USDC, WinSPY jackpot tickets, and votes on the ARCX index.

LOCK: 1–104W

↻ SUPPLY SHRINKS · VAULT GROWS · FLOOR CREEPS UP
// A MECHANISM, NOT A PROMISE

//SECTION 02 — MANAGEMENT

A fund with no fund manager

Every operational button is permissionless: anyone may turn the crank, no one may adjust it. The formulas were set at deploy — nobody can touch them. Including us.

Read The Memo
01

The rising floor

Floor = vault ÷ supply. Fees fill the USDC vault, burns shrink the supply — the numerator only grows, the denominator only shrinks. Below the floor, a standing bid buys and burns, forever. That is the whole trick.

FLOOR ↗
VAULT: USDC, ONLY INSUPPLY: ONLY DOWNBID: NAV −2%, ALWAYS ON
02

The circuit breaker

Dividends are throttled by the premium over the floor. Euphoria: lockers get paid up to 40% of revenue. Weakness: payouts stop and the machine spends everything defending the floor. It never pays yield with its own blood.

AUTO
P ≥ 1.5 — FULL DIVIDENDS1.1 < P < 1.5 — THROTTLEDP ≤ 1.1 — 100% BUY & BURN
03

The ARCX index

Buy the whole Arc market in one click. Deposit USDC, own the top 5 tokens — picked every week by veSPYX voters, while projects bribe for a seat. Entry and management fees feed the $SPYX floor.

5 SEATS
ENTRY: 1%MGMT: 2%/YRREBALANCE: FRIDAYS

//SECTION 03 — DISCLOSURES

Numbers Printed On The Machine

0%

Fee on every trade

0%

Of liquidity locked forever

0W

Maximum lock

0

Admin levers

//SECTION 04 — CORRESPONDENCE

Letters From Shareholders

The Dip Bought Itself

Price slipped under the floor on a Tuesday. The circuit breaker fired, dividends paused, and the machine spent all week buying and burning. I did nothing. It was beautiful.

Seat #42 of 500

Founding Locker

26 Weeks Without Missing A Vote

My multiplier finally hit 1.25× and I have never been this consistent about anything in my life, including the gym.

A Dividend Aristocrat

Streak intact

I Read The Contracts

No mint. No pause. No withdraw function on the LP. The rug is physically impossible, so I stayed for the dividends instead.

Anonymous Auditor

Unpaid, thorough

My First Index Fund

I bought ARCX because picking memecoins was ruining my sleep. Now the voters pick them for me and I sleep like a treasury.

ARCX Depositor

Since week one

The Bribes Are Real

We bribed our way into the index. Volume doubled. Best marketing line-item of the quarter, and it's all on chain.

A Constituent Token

Seat 3 of 5, this week

//SECTION 05 — SEATING

Lock Tiers

Early seats carry permanent multipliers: 50M tokens at 1.5×, the next 100M at 1.25×, then 1× forever. The counter only goes down.

Holder

No lock, no yield, no judgement

1.0×/ nothing extra
  • Hold $SPYX in your wallet
  • Pay 1% per trade like everyone else
  • Watch the floor rise from outside
  • No dividends, no votes, no jackpot

Locker

Lock 1 to 104 weeks

1.5×/ first 50M locked
  • Weekly USDC dividends, real ones
  • Aristocrats streak — up to 1.25× at week 26
  • Vote the ARCX index, collect the bribes
  • WinSPY jackpot tickets every Friday
  • 500 founding seats, +1.2× for life
  • Ragequit anytime — for half your bag
Lock $SPYXOr just hold — the floor doesn't mind

Common Questions

Still reading? The prospectus is longer.

Read The Docs

The Market Closes Friday, 4PM ET

Dividends settle, votes finalize, the jackpot draws. Be locked before the bell.

Buy $SPYX